Global Telecommunication Solutions, Inc. Announces Shareholder Approval of Change in Company Name and New Stock Symbol.Business Editors/Hi-Tech Writers NEW YORK--(BUSINESS WIRE)--July 10, 2000 Global Telecommunication Solutions, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: GTST GTST Goede Tijden, Slechte Tijden (Good Times, Bad Times; Dutch TV soap opera) GTST Grimsby Town Supporters Trust (Grimsby, UK) GTST Global Traffic Safety Trust ) ("Company") announced that its Shareholders approved, at the Company Annual Meeting held on June 29, 2000, a change in the Company's name to Global iTechnology, Inc. The Company also announced in accordance with NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on rules it is required to change its stock symbol and, effective July 12, 2000, the Company's common stock will trade under the symbol "GITN GITN Government Integrated Telecommunications Network Sdn Bhd (Malaysia) ." Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties which are described in the Company's SEC reports, including the Company's Form 10-KSB for the year ended December 31, 1999, Form 10-QSB for the quarter ended March 31, 2000 and the Company's Prospectus dated July 9, 1997. |
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